Small arms typically refer to weapons like handguns, pistols, rifles, submachine guns, mortars, grenades, and light missiles. Heavy machine guns, mounted grenade launchers, portable anti-aircraft, anti-tank, and anti-tank missile launchers are examples of light weaponry. It is important to remember that ammunition and small arms and light weapons (SALW) are closely linked; the former would be useless without the latter. SALW ammo comes in a wide range of forms, but it mostly uses cartridges. Small arms are, generally speaking, kinetic projectile weapons designed for individual infantrymen to carry and use. These include submachine guns, personal defense weapons, squad automatic weapons, and light machine guns. They also include handguns (revolvers, pistols, derringers, and machine pistols), muskets/rifled muskets, shotguns, rifles (assault rifles, battle rifles, carbines, designated marksman rifles, short-barreled rifles, sniper rifles, etc.), muskets, and shotguns. A bullet, propellant, primer, and cartridge casing make up SALW ammunition. Infantry-portable light weapons can be crew-operated kinetic firearms, incendiary devices, or weapons that fire explosive munitions. These include man-portable anti-tank missiles, man-portable air defense systems, recoilless rifles, rocket-propelled grenades, general-purpose machine guns, medium machine guns, unmounted heavy machine guns, portable flamethrowers, rifle grenades, underslung grenade launchers, automatic grenade launchers, grenade launchers, recoilless rifles, and mortars smaller than 100 millimeters (3.9 in) in diameter. SALW are available in both the military and civilian markets, unlike heavy weapons. Military budget shortfalls or producer surplus production may result in excess armaments flooding civilian markets, as opposed to legal transfers from producers and certified states to the purchasing state in military markets. Seven potential routes can be identified, while it is not always easy to trace exactly how SALW enter a country from another and then end up in the hands of civilians
Major Factors Driving Growth of Market
The increasing demand for SALW will continue to drive the market. The specific demand for man portable light weapons for anti-armor use will drive the growth of the market. Defense modernization program and procurement activities will also drive the growth of the market.
Trends Influencing The Growth of the Market
New technologies in small arms management and production are frequently proven ones with a track record of use in other sectors. These include the creation of weapons using modular components, 3-D printing, and the use of non-conventional materials like polymers. New technologies in small arms management and production are frequently proven ones with a track record of use in other sectors. These include the creation of weapons using modular components, 3-D printing, and the use of non-conventional materials like polymers.
Increasing defense spending will drive the market for new procurement activities. Procurement will also be driven by prevailing geo political conditions in Europe and the Asia Pacific. Cross border aggression will give way to increased procurement of newer assault rifles, grenade launches and other assault weapons in Europe and Asia Pacific region.
According to sources, the plan to create more than five lakh AK-203 assault rifles at Korwa, Amethi, has been approved by the Indian government in an effort to increase the nation’s self-reliance in the defense manufacturing industry. The transaction is valued at Rs 5,124 crore. An Indo-Russian Rifles Private Ltd. special purpose joint venture is most likely going to carry out the project (IRRPL). It was developed in collaboration with the former OFB, now known as Advanced Weapons and Equipment India Limited (AWEIL), Munitions India Limited (MIL), Rosoboronexport (RoE), and the Russian Kalashnikov business. This agreement is being made as India actively promotes “Make in India,” particularly in the defense industrial industry. It shows the constant paradigm shift in the acquisition of defense equipment from “buy” (global) to “Make in India.”
After 27 months of prototype development and evaluation work, the U.S. Army has selected New Hampshire-based manufacturer Sig Sauer as the winner of a $4.5 billion contract to produce the branch’s Next Generation Squad Weapon system. According to an award announcement posted on the Department of Defense website, the firm-fixed-price contract is for the manufacture of the XM5 Rifle and its XM250 automated variant with a standard 6.8 millimeter ammunition cartridge. Under a $20.4 first delivery deal, Sig Sauer will initially supply rifles and ammunition for a testing operation. The two NGSW variants will be used in tandem with the XM157 fire control system, which is intended to support close combat force tasks, according to the Army.